SOME ROADS AWARDED BY FORMER GOVERNOR OBASEKI NOT PROPERLY DOCUMENTED - EDO STATE COMMITTEE.(PHOTO).

Image
 Some Roads Awarded by Former Governor Obaseki Not Properly Documented – Edo State Committee The Edo State Assets Verification Committee has revealed that some roads awarded under the administration of former Governor Godwin Obaseki were not properly documented. Dr. Ernest Afolabi Umakhihe, the committee chairman, disclosed this in a press briefing on Thursday, stating that these roads were not accurately recorded in the Ministry of Roads and Bridges (now Ministry of Works) files presented to the committee. He also highlighted a significant financial burden left by the previous government, with about ₦200 billion in outstanding payments to contractors for ongoing road projects. Umakhihe claimed that while road contracts were awarded in 2024, contractors were only provided with mobilization funds, and in some cases, money was reportedly returned to government officials. This situation, he said, has delayed the progress of the road projects. The committee further observed inadequate ...

GERMAN LUXURY CARMAKER AUDI HAS REMOVED ITS ICONIC FOUR RINGS LOGO IN CHINA, A MOVE THAT HAS SPARKED SHOCK AND DEBATE ON SOCIAL MEDIA. (PHOTO).


 German luxury carmaker Audi has removed its iconic four rings logo in China, a move that has sparked shock and debate on social media. 

The logo, a symbol of Audi’s legacy since the 1930s, was missing from the new E Concept electric sportback showcased in Shanghai earlier this month. Instead, the car featured “AUDI” written in bold capital letters on the front. This decision comes as other automakers, like Jaguar, face criticism for their rebranding efforts, with many users online labeling Audi’s change as a “bad move” and “confusing.”


The rebranding is part of a collaboration between Audi and Chinese automaker SAIC to co-develop electric vehicles targeted at younger customers in the world’s largest auto market. The move aims to appeal to China’s younger premium car buyers, with an average age of 30-35 years compared to 55 in other global markets. According to Fermin Soneira, CEO of the project, the new EV series will prioritize advanced features such as driver-assistance systems to attract tech-savvy drivers.


Audi’s rebranding also reflects an effort to regain market share in China, where local brands and foreign EV-focused rivals are rapidly growing. Audi sold less than 15,000 EVs in China during the first nine months of 2024, far behind Chinese premium EV brands like Nio and Xpeng, which sold 10 and seven times more, respectively. The new models will integrate automotive technology co-developed with SAIC and rely on local suppliers to enhance competitiveness.


While Audi hopes the change will appeal to Chinese customers, many online have expressed disappointment, describing the move as the “Chinesification of foreign premium brands.” Some fear the change undermines the global recognition of Audi’s four rings logo. However, the company remains focused on evolving its strategy to meet the demands of China’s younger, tech-oriented market.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).